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BioMarin Expects Pre-tax Charges Related to Alesta Acquisition to Impact Q3 Adjusted EPS

BioMarin Expects Pre-tax Charges Related to Alesta Acquisition to Impact Q3 Adjusted EPS

MT newswireMT newswire2026/10/06 21:56

05:56 PM EDT, 10/06/2026 (MT Newswires) -- BioMarin Pharmaceutical (BMRN) said in a late Tuesday regulatory filing that pre-tax charges of $283 million in acquired in-process research and development expense related to the acquisition of Alesta Therapeutics and the ongoing operating expenses will have an unfavorable impact of $1.50 on Q3 adjusted earnings per share. For the full year 2026, the company expects the acquisition to result in pre-tax charges of $320 million, expected to have a negative impact of $1.55 on annual adjusted EPS, according to the filing.

05:56 PM EDT, 10/06/2026 (MT Newswires) -- BioMarin Pharmaceutical (BMRN) said in a late Tuesday regulatory filing that pre-tax charges of $283 million in acquired in-process research and development expense related to the acquisition of Alesta Therapeutics and the ongoing operating expenses will have an unfavorable impact of $1.50 on Q3 adjusted earnings per share. For the full year 2026, the company expects the acquisition to result in pre-tax charges of $320 million, expected to have a negative impact of $1.55 on annual adjusted EPS, according to the filing.
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